Aldgate has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -1.85% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Aldgate has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Aldgate is offering property investors an average of -6.55. This rate of discount on properties puts Suburb at number 316th in terms of most discounted suburbs in SA
Residents and property investors in Aldgate have been waiting around 89.59 days to sell a property.
A $460 per week rent on the median house gives suburb investors a gross yield of circa 3.47%, without taking into account capital value appreciation, which has been averaging out at 3.79%.